20 Dividend Increases: July 17-21, 2017 (Part 1: Financials)

I monitor dividend increases for stocks on my watch list of dividend growth stocks to identify candidates for further analysis. Companies that regularly raise dividends show confidence in the potential growth of future earnings. In the past week, 20 companies on my watch list decided to increase their dividends.
Part 1 covers stocks in the Financials sector, while Part 2 will cover the non-Financials.
The following table provides a summary of these increases.The table is sorted by the percentage increase, %Incr. Dividends are annualized and in US$, unless otherwise indicated. Yield is the new dividend yield for the market close Price on the date listed. Yrs are years of consecutive dividend increases, while 5-yr DGR is the compound annual growth rate of the dividend over a 5-year period. 1-yr %Incr is the percentage increase from the year-ago dividend. (Some companies increase their dividends more than once a year, so this puts the most recent dividend increase in context).
Summary of Dividend Increases: July 17-21, 2017

Previous Post: 10 Dividend Increases: July 10-14, 2017

• The Bank of New York Mellon Corporation (BK)
BK is an investments company that provides financial products and services to institutions, corporations, and high net worth individuals in the United States and internationally. The company operates through two segments, Investment Management and Investment Services. As of 31 December 2016, the company had $29.9 trillion in... Read more